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US Industrial Production Stagnates as Factory Output Declines /
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2024-06-08 16:57:11

US Industrial Production Stagnates as Factory Output Declines on Nostr: US Economic Growth Revised Lower for Q1 2024 as Jobless Claims Edge Up, Job Openings ...

US Economic Growth Revised Lower for Q1 2024 as Jobless Claims Edge Up, Job Openings Hit 3-Year Lows
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#2bef6d19 ver:0.77

US economic growth in Q1 2024 was revised lower to 1.3%, down from 1.6%, due to a slowdown in consumer spending on goods. Jobless claims edged up, but the job market remains strong. Q2 growth is projected to be 1.9%, indicating a modest pickup. Bond market reflects softer growth, and job openings hit a 3-year low. Overall, the economy is expected to see a modest improvement in Q2. #USEconomy #GDP #JobMarket #ConsumerSpending #JobOpenings...

#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #JoblessClaims #JobOpenings

https://here.news/story/2bef6d19?ver=0.77
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